Comments on: Say it ain’t so, Pengrowth! http://www.thecornerofficeblog.com/2006/09/10/say-it-aint-so-pengrowth/ An entrepreneurs thoughts on business, personal finance and investing. Thu, 09 Jun 2011 19:02:59 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Grant http://www.thecornerofficeblog.com/2006/09/10/say-it-aint-so-pengrowth/comment-page-1/#comment-682 Grant Wed, 13 Sep 2006 01:15:58 +0000 http://www.thecornerofficeblog.com/2006/09/10/say-it-aint-so-pengrowth/#comment-682 Brian, I wouldn't sweat it too much. I think the brunt of the fallout in the PGH value is not necessarily from the offering, but from the lack of strength in the entire sector. Oil is down on a lowered demand forecast from the IEA, simmering Iran nuke talks, and relatively higher supply. Take a look at the charts from PVX, PGH, SJT (just to name a few) and they all look the same. That being said, set your stops and don't move 'em unless you have a darn good reason to do otherwise! -Grant Brian,

I wouldn’t sweat it too much. I think the brunt of the fallout in the PGH value is not necessarily from the offering, but from the lack of strength in the entire sector.

Oil is down on a lowered demand forecast from the IEA, simmering Iran nuke talks, and relatively higher supply.

Take a look at the charts from PVX, PGH, SJT (just to name a few) and they all look the same.

That being said, set your stops and don’t move ‘em unless you have a darn good reason to do otherwise!

-Grant

]]> By: Brian http://www.thecornerofficeblog.com/2006/09/10/say-it-aint-so-pengrowth/comment-page-1/#comment-681 Brian Tue, 12 Sep 2006 18:06:49 +0000 http://www.thecornerofficeblog.com/2006/09/10/say-it-aint-so-pengrowth/#comment-681 Man, I knew I should have put in a stop loss at $23 when PGH came out with that strange 2bill offering. Now with oil around $65 I am just waiting for the next shoe to drop, like them cutting that fat yield. If that happens I am stopin out at $20. Man, I knew I should have put in a stop loss at $23 when PGH
came out with that strange 2bill offering. Now with oil around $65
I am just waiting for the next shoe to drop, like them cutting that
fat yield. If that happens I am stopin out at $20.

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